SalioGen Therapeutics Funding, Investors & Competitors

SalioGen Therapeutics has raised $135M across 2 funding rounds, most recently a $115M Series B in January 2022.

Last SalioGen Therapeutics funding round

$115M

Series B · Jan 2022

Cumulative funding SalioGen Therapeutics raised

$135M

across 2 funding rounds

Key investors in SalioGen Therapeutics

  • Fidelity
  • T. Rowe Price
  • D1 Capital Partners
  • Cystic Fibrosis Foundation
  • EPIQ Capital Group
  • PBM Capital Group
  • SymBiosis LLC
  • GordonMD Global Investments

SalioGen Therapeutics Overview

About SalioGen Therapeutics

SalioGen Therapeutics is a Seattle-headquartered biotechnology firm engineering gene therapies for inherited disorders. Its Exact DNA Integration Technology platform utilizes proprietary Saliogase transposase enzymes for non-viral, precise integration of large DNA payloads into the genome, applicable to a wide range of genetic diseases with scalable manufacturing.


Founded

2020

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

SalioGen Therapeutics Funding History

SalioGen Therapeutics has raised a total of $135M across 2 funding rounds.

SalioGen Therapeutics' first fundraising round was a $20M Series A in February 2021. The most recent completed round was a $115M Series B in January 2022.

SalioGen Therapeutics funding rounds

SalioGen Therapeutics funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2022Series BEPIQ Capital Group (lead); GordonMD Global Investments (lead); Fidelity; Retinal Degeneration Fund; T. Rowe Price; D1 Capital Partners; SymBiosis LLC; Cystic Fibrosis Foundation$115MSalioGen Therapeutics, a Cambridge, MA-based biotechnology company, develops Gene Coding, a novel genetic medicine platform using its Exact DNA Integration Technology (EDIT) based on the mammal-derived enzyme saliogase. This approach enables precise DNA integration into the genome without double-strand breaks, host repair pathways, or homologous recombination, aiming to overcome limitations of gene editing and viral-vector gene therapies. The company focuses initially on inherited macular disorders like Stargardt disease and inherited lipid disorders such as hypertriglyceridemia, lipoprotein(a), and familial hypercholesterolemia, all at the optimization stage, with discovery programs in other eye diseases, heart, lung (including cystic fibrosis), bone marrow, and kidney conditions. On January 5, 2022, SalioGen closed an oversubscribed $115 million Series B financing round, approximately ten months after a $20 million Series A led by PBM Capital. The Series B was co-led by GordonMD Global Investments and EPIQ Capital Group, with participation from new investors Fidelity Management & Research Company, T. Rowe Price Associates, D1 Capital Partners, SymBiosis LLC, Cystic Fibrosis Foundation, Retinal Degeneration Fund (RD Fund, venture arm of Foundation Fighting Blindness), and continued support from PBM Capital. Craig Gordon, M.D., founder, CEO, and CIO of GordonMD, joined the board as part of the round. Proceeds from the $115 million Series B will advance SalioGen's preclinical pipeline, build out the Gene Coding platform, expand the team (with plans to double headcount), establish manufacturing and automation capabilities, and position multiple therapeutic programs for clinical development. The investment aligns with disease-specific foundations' interests: Cystic Fibrosis Foundation supports lung/CF programs under its $500 million Path to a Cure initiative, while RD Fund backs retinal degeneration efforts. SalioGen positions Gene Coding as a new category of genetic medicine for durable, broadly applicable therapies targeting inherited diseases underserved by current technologies. The platform's potential drew a world-class investor syndicate, reflecting confidence in its ability to deliver regulated gene expression, such as adding healthy gene copies for conditions like cystic fibrosis transmembrane conductance regulator (CFTR) deficiencies.
Feb 2021Series APBM Capital Group (lead)$20MSalioGen Therapeutics is a cell and gene therapy company focused on developing treatments for ocular and other inherited disorders. The company uses lipid nanoparticle (LNP) technology for subretinal delivery of genetic therapies. In February 2021, SalioGen raised $20 million in Series A funding, with notable investors including Fidelity, T. Rowe Price, D1 Capital, Symbiosis, the CF Foundation, and the RD Fund. At the time of the round, the company was at the preclinical stage of development. The Retinal Degeneration Fund, which was an early investor, maintained governance through a joint development committee, indicating collaborative research relationships in the inherited retinal disease space.

Who has invested in SalioGen Therapeutics?

9 investors have backed SalioGen Therapeutics across its funding rounds, including Fidelity, T. Rowe Price, D1 Capital Partners, Cystic Fibrosis Foundation, EPIQ Capital Group and PBM Capital Group.

Lead investors include EPIQ Capital Group, GordonMD Global Investments and PBM Capital Group.


SalioGen Therapeutics Investors

Investors in SalioGen Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
GordonMD Global InvestmentsUnited StatesLos Angeles, CA1LeadJan 2022
FidelityUnited StatesBoston, MA1ParticipantJan 2022
Retinal Degeneration FundUnited StatesRaleigh, NC1ParticipantJan 2022
EPIQ Capital GroupUnited StatesSan Francisco, CA1LeadJan 2022
T. Rowe PriceUnited StatesBaltimore, MD1ParticipantJan 2022
PBM Capital GroupUnited StatesCharlottesville, VA1LeadFeb 2021
D1 Capital PartnersUnited StatesNew York City, NY1ParticipantJan 2022

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SalioGen Therapeutics Competitors

SalioGen Therapeutics competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.

Public and private companies comparable to SalioGen Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x
AbbVieUnited StatesUnited StatesPublicly listed$61B$17B$467B8.1x
MerckUnited StatesUnited StatesPublicly listed$65B$28B$363B6.2x
Biosplice TherapeuticsUnited StatesSan Diego, CAPrivate--$12B-
Biocon BiologicsIndiaBangalorePrivate$1.1B-$4.5B4.2x

SalioGen Therapeutics Public Comps

SalioGen Therapeutics is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
Amgen$37B$17B6.8x6.5x14.8x14.4x

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Common questions about SalioGen Therapeutics

When was SalioGen Therapeutics founded?SalioGen Therapeutics was founded in 2020.
Where is SalioGen Therapeutics headquartered?SalioGen Therapeutics is headquartered in United States.
Is SalioGen Therapeutics publicly listed?No, SalioGen Therapeutics is a private, VC-backed company.
How much funding has SalioGen Therapeutics raised?SalioGen Therapeutics has raised $135M across 2 funding rounds.
What was SalioGen Therapeutics' last funding round?SalioGen Therapeutics' last funding round was a $115M Series B in January 2022, led by EPIQ Capital Group and GordonMD Global Investments.
Who are SalioGen Therapeutics' investors?SalioGen Therapeutics' investors include GordonMD Global Investments, Fidelity, Retinal Degeneration Fund, EPIQ Capital Group, T. Rowe Price, PBM Capital Group, D1 Capital Partners, SymBiosis LLC and Cystic Fibrosis Foundation.
Which companies are comparable to SalioGen Therapeutics?Companies comparable to SalioGen Therapeutics include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics.

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